22 King Street, St. Catharines (Downtown) - Business for Sale
22 King Street, St. Catharines (Downtown), Ontario, L2R3H3
Description
Popular, absolutely distinctive restaurant & bar in core Downtown St. Catharines offering a move-in ready setup for the next creative entrepreneur! A business assets-only sale with so much to offer: updated, high quality equipment, a seasonal patio, and gorgeous leasehold improvements in a vibey space. This resto bar has operated successfully alongside hot spots like Oddbar. and sits just down the road from Market Square and Montebello Park for Grape & Wine. On offer is the perfect turn-key operation, with a main floor restaurant in place with seating for 30 indoors + 16 outdoors, 2 washrooms, a large storage/prep room and even an additional updated Food Trailer that can be negotiated. Many of the inclusions have been recently purchased or updated, providing great operations-ready value for the next owner. Worry less about obtaining a liquor license, the hard work has already been done to obtain it (transferrable with LLBO approval), and the seasonal patio is City-licensed as well. Parking included and all equipment & chattels listed in information package attached in supplements. This is an assets-only sale in a leased premises, so let your imagination create something fresh in a space that's been a proven success! (id:66096)
Property Details
- MLS®
- X13602892
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C5-92
- Parking
- 3
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $6,769/yr
- Listed
- 103 days ago
Features
- Appliances
- Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 103 days on market, against an average age of 72 days across the listings currently for sale in this city
This business in St. Catharines (Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L2R)
This home lists at $149,900, about 2.4× the local median household income of $61,200.
Carrying it typically needs a household income of about $29,281 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,200
- Population
- 25,558
- Median age
- 40.4
- Owner / renter
- 50% / 50%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA L2R)
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$149,900
St. Catharines